XML 44 R33.htm IDEA: XBRL DOCUMENT v2.4.1.9
Investments (Tables)
12 Months Ended
Dec. 31, 2014
Investments [Abstract]  
Marketable Securities
$ in millions
December 31, 2014
 
December 31, 2013
Available-for-sale investments:
 
 
 
Seed money
246.2

 
233.8

CLOs
3.4

 
4.0

Other debt securities
6.3

 
6.3

Trading investments:
 
 
 
Investments related to deferred compensation plans
162.6

 
249.7

Seed Money
68.2

 

UIT-related equity and debt securities
3.4

 
3.3

Other equity securities
29.0

 

Equity method investments
332.1

 
308.2

Foreign time deposits
29.6

 
28.8

Other
4.6

 
5.6

Total investments
885.4

 
839.7


Realized Gains Losses Available-For-Sale Securities
Realized gains and losses recognized in the Consolidated Statements of Income during the year from investments classified as available-for-sale are as follows:
 
2014
 
2013
 
2012
$ in millions
Proceeds from Sales
 
Gross Realized Gains
 
Gross Realized Losses
 
Proceeds from Sales
 
Gross Realized Gains
 
Gross Realized Losses
 
Proceeds from Sales
 
Gross Realized Gains
 
Gross Realized Losses
Seed money
102.5

 
13.0

 
(0.2
)
 
26.7

 
3.6

 
(0.4
)
 
50.3

 
5.3

 
(0.6
)
CLOs
0.3

 

 

 
0.2

 

 

 
0.3

 

 

Gross Unrealized Holding Gains And Losses Recognized In Other Accumulated Comprehensive Income From Available-For-Sale Investments
Gross unrealized holding gains and losses recognized in other accumulated comprehensive income from available-for-sale investments are presented in the table below:
 
December 31, 2014
 
December 31, 2013
$ in millions
Cost
 
Gross Unrealized Holding Gains
 
Gross Unrealized Holding Losses
 
Fair Value
 
Cost
 
Gross Unrealized Holding Gains
 
Gross Unrealized Holding Losses
 
Fair Value
Seed money
237.7

 
12.8

 
(4.3
)
 
246.2

 
215.7

 
19.0

 
(0.9
)
 
233.8

CLOs
3.5

 

 
(0.1
)
 
3.4

 
3.8

 
0.2

 

 
4.0

Other debt securities
6.3

 

 

 
6.3

 
6.3

 

 

 
6.3

 
247.5

 
12.8

 
(4.4
)
 
255.9

 
225.8

 
19.2

 
(0.9
)
 
244.1


Breakdown Of Available-For-Sale Investments with Unrealized Losses
The following table provides a breakdown of the unrealized losses.
 
December 31, 2014
 
December 31, 2013
$ in millions
Fair Value
 
Gross Unrealized Losses
 
Fair Value
 
Gross Unrealized Losses
Less than 12 months
123.9

 
(3.5
)
 
69.0

 
(0.8
)
12 months or greater
3.6

 
(0.8
)
 
0.2

 
(0.1
)
Total
127.5

 
(4.3
)
 
69.2

 
(0.9
)

Summary Of Company's Investment In Joint Ventures And Affiliates
Following are the company's investments in joint ventures and affiliates, which are accounted for using the equity method and are recorded as investments on the Consolidated Balance Sheets:
Name of Company
Country of Incorporation
 
% Voting Interest Owned
Huaneng Invesco WLR (Beijing) Investment Fund Management Company Ltd.
China
 
50.0%
Invesco Great Wall Fund Management Company Limited
China
 
49.0%
Religare Invesco Asset Management Company Private Ltd.
India
 
49.0%
Religare Invesco Trustee Company Private Ltd.
India
 
49.0%
Pocztylion - ARKA
Poland
 
29.3%
Summary of company's voting control in entities where it has noncontrolling interest
The company owns 100% of the voting control of its subsidiary entities, directly or indirectly, with the exception of the following entities, which are consolidated with resulting noncontrolling interests:
Name of Company
Country of Incorporation
 
% Voting Interest Owned
VV Immobilien Verwaltungs und Beteiligungs GmbH
Germany
 
70.0%
VV Immobilien Verwaltungs GmbH
Germany
 
70.0%
HVH Immobilien und Beteiligungs GmbH
Germany
 
70.0%